No candidacy for governor of the Bulgarian National Bank - BNB had been submitted to parliament by March 8, which was the deadline. The election of a central bank governor has been postponed once again and a new procedure is to be launched. Parliamentary parties had 20 days to nominate candidates, but no proposals were filed. The ruling coalition have not reached a consensus on a common candidate and negotiations continue.
The 6-year term of the current Governor of the BNB, Dimitar Radev, expired in July 2021. The terms in office of two of the Deputy Governors of the bank- Nina Stoyanova and Kalin Hristov, have also expired.
BNB expects inflation to continue accelerating until the end of the first half of the year, according to the Central Bank's economic review. This is likely to lead to tightening of monetary policy worldwide, the bank added.
Bulgaria’s Parliament failed to hold a session for the third consecutive day due to a lack of quorum. As a result, the scheduled parliamentary control, usually held every Friday, was also cancelled. Only 29 MPs from We Continue the Change –..
Bulgaria’s Parliament failed to hold a session on October 15. "The next session is tomorrow at 9 a.m.", announced National Assembly Speaker Natalia Kiselova. Only 61 MPs registered for attendance during the first and only attempt to open the..
Yet another disaster, yet another series of analyses and post-hoc actions by the relevant institutions. The devastating flood that hit the resort village of Elenite a week ago, claiming four lives, has led the state to realise that the flooded..
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